[CAF Note: This report is important and interesting. I believe that the Vatican real estate interests in the US are historically deeply intertwined with laundering illegal monies and funding the black budget. At one point a member of the establishment communicated with me during my litigation with the federal government something that I interpreted as, “Don’t blame us, the Vatican made us do it.” Consequently, the idea that there are public statements questioning the goings on in the Vatican real estate portfolio is more than a curiosity.]
By Philip Pullella
Vatican financial investigators suspect a department of the Holy See which oversees real estate and investments was used in the past for possible money laundering, insider trading and market manipulation, according to a report seen by Reuters.
The information in the confidential document, which covers the period from 2000 to 2011, has been passed on to Italian and Swiss investigators for their checks because some activity tied to the accounts allegedly took place in these countries, a senior Vatican source said.
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